From firefighting to managed decline: why the RBI let the rupee breach 90

In early December 2025, the Rupee slipped past the ₹90 per dollar mark. While this drop is labelled as 'psychologically significant,' the underlying economic factors hasn't changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The Rupee’s rise or fall depends on two main factors: what’s happening in the market, and how the Reserve Bank of India (RBI) responds. Guest: economist Zico Dasgupta Host: Nitika Francis Edited and produced by Sharmada Venkatasubramanian Learn more about your ad choices. Visit megaphone.fm/adchoices